Donald Trump sits in a Manhattan Criminal Courtroom with members of his legal team for the continuation of his hush money trial in New York City on April 25, 2024. Spencer Platt | Via Reuters Lawyers for Donald Trump on Thursday afternoon began the cross-examination of former National Enquirer David […]
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Dow closes lower by more than 370 points as inflation, growth worries resurface: Live updates
Stocks tumbled Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation. The Dow Jones Industrial Average slid 375.12 points, or 0.98%, to close at 38,085.80, weighed down by steep declines in Caterpillar and IBM. The S&P 500 dropped 0.46% to finish […]
Dow drops more than 300 points on inflation and growth concerns, Meta drags S&P 500 lower: Live updates
Traders work during the opening bell at the New York Stock Exchange. Johannes Eisele | AFP | Getty Images Stocks tumbled Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation. The Dow Jones Industrial Average slid 385 points, or 1%, weighed […]
Middle East escalation could trigger energy shock that fuels inflation, World Bank warns
A general view of Isfahan Refinery, one of the largest refineries in Iran and is considered as the first refinery in the country in terms of diversity of petroleum products in Isfahan, Iran on November 08, 2023. Fatemeh Bahrami | Anadolu | Getty Images The outbreak of a major conflict […]
Rubrik stock pops 20% in NYSE debut after company prices IPO above range
Bipul Sinha, CEO, Chairman & Co-Founder of Rubrik Inc., the Microsoft backed cybersecurity software startup, rings the opening bell during his company’s IPO at the New York Stock Exchange (NYSE) in New York City, U.S., April 25, 2024. Brendan Mcdermid | Reuters Shares of data management software maker Rubrik jumped in its […]
Rubrik pops 20% in NYSE debut after pricing IPO above range
In this photo illustration, the Rubrik, Inc. logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Data management software maker Rubrik jumped in its New York Stock Exchange debut on Thursday, the latest sign that public market investors are showing an appetite for tech […]
Meta tumbles 11% on weak revenue forecast and Zuckerberg’s comments on spending
Meta shares tumbled 11% Thursday afternoon after the company issued weak revenue guidance that overshadowed its first-quarter earnings beat. The stock was trading at about $438 at 1 p.m. ET, on pace for its worst day since October 2022 and wiping out roughly $141 billion in market cap from its […]
Dow drops more than 400 points on inflation and growth concerns, Meta drags S&P 500 lower: Live updates
Traders work during the opening bell at the New York Stock Exchange. Johannes Eisele | AFP | Getty Images Stocks tumbled Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation. The Dow Jones Industrial Average slid 493 points, or 1.3%, weighed […]
Meta tumbles 12% on weak revenue forecast and Zuckerberg’s comments on spending
Meta CEO Mark Zuckerberg attends the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol in Washington, D.C., on Jan. 31, 2024. Nathan Howard | Reuters Meta shares tumbled 12% Thursday morning after the company issued weak revenue guidance that overshadowed its first-quarter earnings beat. The […]
Dow drops more than 600 points on inflation and growth concerns, heads for biggest drop of the year: Live updates
Traders work during the opening bell at the New York Stock Exchange. Johannes Eisele | AFP | Getty Images Stocks tumbled Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation. The Dow Jones Industrial Average slid 611 points, or 1.6%, weighed […]